Automated Order System

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Automated Order System (AOS)

Investment bank computerized order entry system that sends single order entries to DOT (Odd-Lot) or to investment banks floor brokers on the exchange. See: Round lot, GTC orders.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Automated Order System

A computerized order-entry system that sends buy or sell orders to the appropriate specialist on the floor of a stock exchange, bypassing the floor broker. It is used to automatically execute smaller orders, generally defined as fewer than 1000 shares.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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Automated order entry systems can deliver interactive, clinically relevant alerts that will assist ordering physicians in avoiding potential errors related to drug and therapeutic class conflicts, inappropriate dosing, and critical patient allergies.

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